Axel Springer Acquires POLITICO and Related Media Assets from Robert Allbritton

Penske Media Corp Acquires Vox Media Brands, Forming PMX

June 18, 2026

Media & Entertainment

Penske Media Corp. (PMC) acquired the Vox Media portfolio of digital brands, including Eater, The Verge, SB Nation, PopSugar, The Dodo, Punch and Thrillist. PMC created a subsidiary, PMX, to house and expand its publishing portfolio, with Vox brands operating autonomously under PMX.

Axel Springer to Acquire Telegraph Media Group (TMG)

March 6, 2026

Media & Entertainment

Axel Springer has reached an agreement with RedBird IMI to acquire Telegraph Media Group (TMG) for £575 million in cash (about $766 million). The companies expect the deal to preserve the Telegraph brand and support further digital growth, including expansion in the United States and technology transformation with AI.

Axel Springer Acquires Bisnow, Establishing Brew Media Group

March 2, 2026

Media & Entertainment

Axel Springer acquired Bisnow, a commercial real estate media and events platform, to expand its presence in the U.S. B2B media market. The deal closed on March 2 and Bisnow will join Morning Brew Inc. within Axel Springer’s newly formed Brew Media Group, while operating independently under its existing leadership.

Valnet Acquires Polygon from Vox Media

May 1, 2025

Media & Entertainment

Valnet has acquired the premium gaming publication Polygon from Vox Media in an asset deal, which closed today. Polygon will join Valnet's Gaming Group, expanding Valnet's gaming media portfolio and audience reach while enabling Vox Media to focus investment on other flagship properties.

Cox Enterprises Acquires Axios Media Inc.

August 8, 2022

Media & Entertainment

Cox Enterprises has acquired Axios Media Inc., the digital news publisher known for its Smart Brevity format. The deal follows a prior investment in 2021 and is intended to help scale Axios into more cities, expand coverage across national topics and premium professional niches while leaving Axios founders with substantial stakes and operational control.

Providence Equity Acquires Majority Stake in Groupe La Centrale from Axel Springer

December 16, 2020

E-Commerce

Providence Equity Partners entered exclusive negotiations to acquire a majority stake in Groupe La Centrale, a leading French car classifieds and automotive marketplace, from Axel Springer. Providence will partner with management and retain Axel Springer as a minority shareholder to invest in the company’s digital platform, expand services to dealers and drivers, and drive organic growth; the deal was expected to close in Q1 2021 subject to customary conditions and regulatory approvals.